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North Korea linked to massive Binance crypto heist

The FBI has linked North Korea to a massive $6.3 billion cryptocurrency heist targeting Binance that occurred on October 29. The agency labeled the attack as "TraderTraitor" and reported that the hackers converted stolen tokens to Ethereum as part of a laundering operation.

Background

North Korean state-sponsored hacking groups have been repeatedly linked to large-scale cryptocurrency thefts in recent years, representing one of the country's primary sources of foreign revenue.

Source
The Verge
Published
Nov 1, 2026 at 10:33 PM
Score
8.0 / 10